Business Blog

Saudi’s flynas will lose money flying from DWC: CEO

Saudi Arabian discount carrier flynas believes it will lose money if it shifts over to Al Maktoum International at Dubai World Central (DWC).

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Oman's Telecom Regulatory Authority proposes draft legislation on Access and Interconnection

The Telecom Regulatory Authority (TRA) has proposed a comprehensive draft legislation on 'Access and Interconnection Regulation' (A&I) to open the telecom market for more competition.

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Rising mortgage activity boosts sultanate's real-estate market

A rebound in investor confidence and improved access to mortgages have sparked a pick-up in Oman's real-estate market, with the value of transactions soaring in the first quarter of this year.

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A build-to-fit solution beckons Dubai’s office realty

Businesses seeking Grade A office space in Dubai and failing to find any that match their needs or budget should not fret too much - they can always build their own properties, if they can afford it.

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Key pact inked to boost Oman's non-oil exports

The Public Establishment for Industrial Estates (PEIE) and Export Credit Guarantee Agency of Oman (ECGA) have signed here on Tuesday a memorandum of understanding (MoU) to promote Oman's non-oil exports.

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Construction of 206-room, five-star hotel begins at Oman's newest Integrated Tourism Complex

Construction of a 206-room five-star hotel has started at the USD600 million (OMR230,346,000) Saraya Bandar Jissah development, the first Integrated Tourism Complex launched in seven years located on the outskirts of Muscat in the Hajar Mountains.

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